It is time for another Q&A program with Dividend Warrior! In this post, I shall clarify how I were able to build-up my dividend stock portfolio. It is gonna be considered a long post. During my NS days, I served in a stay-in device, so I could save up a few thousand dollars. During my undergraduate days, I did so some part-time tuition to support myself. I were able to save up just a little.
I was bonded so the government paid my college fees. I graduated from University in 2008 and began work immediately with no education loans. My starting take-home pay was decent, around 3k/month. I began conserving like mad because I originated from a low-income family and I really want to achieve financial freedom as soon as possible. I am sick and tired of being poor within my teenage and youth years.
Since young, my parents have explained horror stories about the stock market. They told me individuals were committing suicide credited to currency markets losses. I had been informed by them to place my money in a bank-account and earn interest from it. Therefore, I was so glad that I was safe and sound when the sub-prime crisis hit the world in 2008 year end. I was having my snacks and watching the carnage from the sideline as Lehman Brothers collapsed and AIG was on the verge of collapsing too. Banks were getting bailouts.
- Pay Off Student Loan Debt
- 10% Vanguard Small-Cap Value ETF (VBR)